Nasdaq-listed real estate services company Fathom Holdings has announced plans to diversify its US dollar-dominated balance sheet by adding Bitcoin to its corporate treasury.
Initial Allocation of $500,000
In a statement released on January 23, Fathom revealed that up to 50% of its excess cash reserves could now be allocated toward Bitcoin purchases. Initially, the company plans to invest up to $500,000 in Bitcoin or Bitcoin exchange-traded funds (ETFs). The allocation will be adjusted based on operational needs and market conditions.
Fathom Holdings’ CEO Highlights Bitcoin’s Strategic Value
Joanne Zach, Fathom’s CEO, emphasized the growing role of Bitcoin as a “decentralized store of value” amid its rapid adoption since 2024. Zach explained that Bitcoin’s integration into financial markets positions it as both a hedge against inflation and a safeguard against economic and currency risks.
Despite the announcement, Fathom’s stock price showed little movement, trading at approximately $1.33 per share with a total market capitalization of $30 million.
Fathom’s decision appears to be influenced by the increasing adoption of Bitcoin by corporate and institutional players. U.S. spot Bitcoin ETFs have set records, amassing over $100 billion in net assets within 11 months of launch, marking the most successful ETF debut in history.
Rising Corporate Bitcoin Exposure
According to BitcoinTreasuries.NET, over 70 publicly traded companies now have exposure to Bitcoin, collectively holding more than $64 billion worth of the asset. Business intelligence firm MicroStrategy accounts for about three-quarters of that total.
Fathom’s move underscores the growing trend of corporate adoption of Bitcoin as a financial and strategic asset.
